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Federal Contractor Misconduct Database (FCMD)
The federal government routinely awards contracts to companies with
histories of misconduct, including
…
contract fraud and other
violations. POGO believes that providing this website will help to
improve contracting decisions and increase public knowledge of how
the government spends billions of taxpayer dollars each year.
Read more…
Kanefsky v. Honeywell International (Misrepresenting Asbestos-Related Liabilities)
Honeywell International paid $10 million to settle a lawsuit accusing the company and its executives of misleading investors about the amount of asbestos-related liabilities it faced stemming from its previous ownership of Bendix Friction Materials and misrepresenting its internal controls over financial reporting and public disclosures.
- Misconduct Type
- Securities
- Enforcement Agency
- Non-Governmental
- Contracting Party
- None
- Court Type
- Civil
- Disposition
- Settlement
- Date of Settlement
- 12/7/2021